Getting Ahead of EDS and Starbucks

Java giant Starbucks (SBUX) and tech titan Electronic Data Systems (EDS)both release quarterly earnings after the bell Thursday. That leaves you only one day to make your move.

Tim Strazzini says IT is very strong right now and EDS is well positioned, however he thinks this quarter will be underwhelming. He recommends investors own EDS for the long term. Tim expects to see about 30% upside over the next 9 months.

Onto Starbucks, Jeff Macke doesn’t want to own this stock. On Thursday he’ll be listening for any indication that the company is growing, organically.

Eric Bollings adds SBUX could have weaker earnings because of higher milk prices.

Trader disclosure: On May 2, 2007, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders;Strazzini Owns (C), (MPEL), (MER), (NWS-A) Bolling Owns (MPEL), Bolling Owns Natural Gas Futures CNBC Is A Service Of NBC Universal And Dow Jones